Views of Ravish Kapoor on the impact of RERA

On the impact of Real Estate (Regulation and Development) Act (RERA), Ravish Kapoor, Director of the emerging realty major Elan Group has said, “According to RERA ongoing projects will fall under the ambit of the act. This will expedite the delivery of ongoing projects. However, coherence needs to be created between the rules for existing and new projects to harness the right benefits of the act and bring transparency in this unregulated sector”